8-K filed August 28, 2024, 7:59 PM ET ticker CMG CIK 0001058090

leadership confidence high sentiment neutral materiality 0.75

Chipotle accelerates CFO/CAO appointments to Oct 1; grants $23M retention awards to execs after CEO exit

CHIPOTLE MEXICAN GRILL INC

Adam Rymer becomes CFO and Jamie McConnell becomes Chief Accounting & Admin Officer on Oct 1, 2024.
Retention awards: $8M each for Boatwright/Hartung; $7M each for Garner/Brandt; $3M for Rymer; $1.5M for McConnell.
Boatwright gets interim CEO base salary of $1M, 115% target bonus, and $3.5M RSU bridge grant vesting in one year.
Hartung shifts to President & Chief Strategy Officer indefinitely; his $8M award continues vesting after one year.
Rymer gets CFO base salary of $650K, 90% target bonus, and $750K RSU grant vesting over 2-3 years.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change (interim)

Scott Boatwright

Interim Chief Executive Officer

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-08-13
Filed: August 28, 2024, 7:59 PM ET

Chipotle’s Board of Directors appointed Scott Boatwright as Interim Chief Executive Officer

Role change

Jack Hartung

President of Strategy, Finance and Supply Chain

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-08-13
Filed: August 28, 2024, 7:59 PM ET

Jack Hartung as President of Strategy, Finance and Supply Chain

Appointed

Jamie McConnell

Chief Accounting and Administrative Officer

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-10-01
Filed: August 28, 2024, 7:59 PM ET

Jamie McConnell’s appointment as Chief Accounting and Administrative Officer, to October 1, 2024

Appointed

Adam Rymer

Chief Financial Officer

CMG · CHIPOTLE MEXICAN GRILL INC

Effective: 2024-10-01
Filed: August 28, 2024, 7:59 PM ET

advanced the date of Mr. Rymer’s appointment as Chief Financial Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Boatwright was appointed as Interim Chief Executive Officer at CHIPOTLE MEXICAN GRILL INC.

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Chipotle’s Board of Directors appointed Scott Boatwright as Interim Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jack Hartung was appointed as President of Strategy, Finance and Supply Chain at CHIPOTLE MEXICAN GRILL INC.

Action: appointed
Role: President of Strategy, Finance and Supply Chain

Exact text from the filing

Jack Hartung as President of Strategy, Finance and Supply Chain

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jamie McConnell was appointed as Chief Accounting and Administrative Officer at CHIPOTLE MEXICAN GRILL INC.

Action: appointed
Role: Chief Accounting and Administrative Officer

Exact text from the filing

Jamie McConnell’s appointment as Chief Accounting and Administrative Officer, to October 1, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Adam Rymer was appointed as Chief Financial Officer at CHIPOTLE MEXICAN GRILL INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

advanced the date of Mr. Rymer’s appointment as Chief Financial Officer

View on SEC.gov

CHIPOTLE MEXICAN GRILL INC filing history →

Source: SEC EDGAR

accession 0001058090-24-000039

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